AS
● Terminated
Annual Step-Up Death Benefit
Transamerica Financial Life Insurance Company
DTCC ID
—
COMPANY
Transamerica Financial Life Insurance Company
INCEPTION
—
CLOSED
Oct 30, 2010
Identity
Benefit name
Annual Step-Up Death Benefit
Internal benefit name
Annual Step-Up Death Benefit
Status
● Terminated
Inception date
—
Closed date
30 Oct 2010
Description & Notes
Benefit description
Available during accumulation phase only. Upon death of annuitant, benefit will be equal to greatest of - 1) contract value, 2) total purchase payments adjusted for withdrawals, or 3) highest contract value calculated on any contract anniversary, prior to annuitant's 80th birthday, adjusted for purchase payments made and withdrawals. Issuer will impose a charge until annuitant's 80th birthday from contract issue.